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Fonterra
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by around 9,000 New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding NZ $22 billion, making it New Zealand's largest company. It is the sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere. Fonterra was established in October 2001 following the merger of the country's two largest dairy co-operatives, New Zealand Dairy Group and Kiwi Cooperative Dairies, with the New Zealand Dairy Board. The name Fonterra comes from Latin , meaning "spring from the land". History In New Zealand, as in most Western countries, dairy co-operatives have long been the main organisational structure in the industry. The first dairy co-operative was established in Otago in 1871. By 1920, there were 600 dairy processing factories of which about 85% were owned by co-operat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fonterra Facility Near Hamilton
Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by around 9,000 New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding NZ $22 billion, making it New Zealand's largest company. It is the sixth-largest dairy company in the world as of 2022, as well as the largest in the Southern Hemisphere. Fonterra was established in October 2001 following the merger of the country's two largest dairy co-operatives, New Zealand Dairy Group and Kiwi Cooperative Dairies, with the New Zealand Dairy Board. The name Fonterra comes from Latin , meaning "spring from the land". History In New Zealand, as in most Western countries, dairy co-operatives have long been the main organisational structure in the industry. The first dairy co-operative was established in Otago in 1871. By 1920, there were 600 dairy processing factories of which about 85% were owned by co-operat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anchor (brand)
Anchor is a brand of dairy products that was founded in New Zealand in 1886, and is one of the key brands owned by the New Zealand based international exporter Fonterra Co-operative Group. In Malaysia, Singapore and Taiwan, Fonterra uses the Fernleaf brand instead of Anchor. In New Zealand Historically, the Anchor brand of milk products in New Zealand was owned by the New Zealand Dairy Group, which merged with Kiwi Co Operative in 2001 to form Fonterra. As the merger would leave New Zealand with virtually no competition in the domestic dairy sector, government legislation was required for Fonterra to be formed. One of the requirements was that Fonterra must divest its strongest domestic brand, Anchor, in the New Zealand market. This did not affect the brand internationally. The brand was sold to what is currently Goodman Fielder. Between 2001 and 2005, Fonterra grew one of their smaller milk brands which was originally only available in the South Island of New Zealand, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mainland (cheese)
Mainland Cheese is a brand of cheese owned by Fonterra Co-operative Group that is sold throughout Australasia and parts of the Americas. It began as a family business in the South Island of New Zealand (which is jocularly known as the "mainland" of New Zealand because it is larger than the North Island). Company history Mainland Products Ltd was founded in 1954 by Peter McConnon. It grew rapidly, encompassing fresh and processed milk, cheese (with which the company's name is most associated today) as well as ice cream ( Tip Top), processed meats (Kiwi Huttons) and other consumer foods. Kiwi Co-operative Dairies led by CEO Craig Norgate acquired 83% of the business in the 1990s. The balance was acquired by Fonterra (formed by a 2001 merger which included Kiwi Co-op), also led by Norgate, in 2002. In 2005, Fonterra sold most of the business that was formerly part of Mainland to Graeme Hart's Rank Group Ltd, but it retained all the cheese assets. Mainland cheese now comes unde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Largest Dairy Companies
The world's largest Dairy company, dairy 2022 2021 2020 2019 2018 2017 References {{reflist Dairy industry Dairy products companies Lists of companies by industry, Dairy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dennington, Victoria
Dennington is a town in the Western District of Victoria, Australia. The town is located in the City of Warrnambool local government area, south west of the state capital, Melbourne and north west of the regional centre of Warrnambool. At the 2016 census, Dennington had a population of 1,907. The town was home to a large bulk milk powder plant operated by New Zealand dairy co-operative, Fonterra. When opened by Nestlé in 1911, it was the world's largest condensed milk plant. The plant was closed in 2019 and is now owned by Provico. The town lies on the Merri River The Merri River, a perennial river of the Glenelg Hopkins catchment, is located in the Western District of Victoria, Australia. Course and features Formed by the confluence of the Spring Creek and Drysdale Creek, to the east of Grassmere. .... References Towns in Victoria (Australia) Towns in Great South Coast City of Warrnambool {{BarwonSouthWest-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Dairy Board
The New Zealand Dairy Board (NZDB) was a statutory board in control of the export of all New Zealand dairy products from its formation in 1923 until 2001. It operated through a global network of marketing subsidiaries. In 2001, the Dairy Board was merged with the two largest New Zealand dairy cooperatives (which represented 96% of the industry) to a company initially called GlobalCo, but shortly afterwards renamed Fonterra. The merger required approval from the Commerce Commission, which it declined, so a special Act of Parliament, the Dairy Industry Restructuring Act 2001 was passed allowing the merger to occur. See also * Fonterra * New Zealand Meat Producers Board 1922 * New Zealand Wool Board 1944 * Dairy farming in New Zealand * Agriculture in New Zealand In New Zealand, agriculture is the largest sector of the tradable economy. The country exported NZ$46.4 billion worth of agricultural products (raw and manufactured) in the 12 months to June 2019, 79.6% of the country' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westland Milk Products
Westland Milk Products is a dairy company based in Hokitika, New Zealand. It has been owned by Chinese dairy company Yili Group since 2019. It is the third-equal largest dairy processor in New Zealand (behind Fonterra and Open Country Dairy, and tied with Synlait) with a 3.4% market share. Milk is sourced from farms across the West Coast, as far north as Karamea and as far south as Haast, and from farms throughout Canterbury. Their major processing factory is located in Hokitika, with their main warehouse and milk concentration plant near Rolleston in Canterbury. History The Westland Co-operative Dairy Company Limited was formed in 1937 following the amalgamation of a number of small co-operatives within the Westland region including Kokatahi, Waitaha and part of the Arahura Dairy Companies. Prior to the restructuring of the dairy industry in 2001, dairy products manufactured in New Zealand were marketed and exported by the New Zealand Dairy Board, which was jointly owned b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dairy Farmers Pty Ltd
Dairy Farmers Pty Ltd, originally established in 1900, whose parent company is Australian-owned Bega Cheese, is distributed mainly New South Wales and Queensland in Australia. The core products sold under Dairy Farmers brand are fresh milk (in New South Wales and Queensland only) and UHT "long-life" milk (Australia wide), as well as various other dairy snacks. It supplies products to local and international markets such as Eastern Europe, the Middle East and Asia. Kirin Holdings Company Limited of Japan, via its subsidiary National Foods, acquired the company in November 2008, and renamed "National Foods" as "Lion Dairy & Drinks" the following year. On 23 November 2020, a deal was announced that would allow Bega Cheese to buy Lion Dairy & Drinks, and all subsidiaries, including Dairy Farmers. History On , the Dairy Farmers Co-operative Milk Co. Limited was created by 65 stakeholders, most being dairy farmers in the Illawarra region of New South Wales. The aim of the co-opera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NZX 50 Index
The S&P/NZX 50 Index is the main stock market index in New Zealand. It comprises the 50 biggest stocks by free-float market capitalisation trading on the New Zealand Stock Market (NZSX). The calculation of the free-float capitalisation excludes blocks of shares greater than 20% and blocks between 5% and 20% that are considered strategic. The index was introduced as the NZSX 50 Index in March 2003 and replaced the NZSE 40 Index as the headline index. It was renamed the NZX 50 Index in late 2005. The NZSE 40 Capital Index replaced the Barclays index in 1992, although the Barclays index is still compiled by the NZX but not made widely available. In 2015, the index was renamed to S&P/NZX 50 Index reflecting a 'strategic partnership' between NZX and S&P Dow Jones Indices (S&P DJI). As part of the partnership, S&P DJI has assumed responsibility for calculating, publishing distributing all NZX indices. Constituents See also * List of companies of New Zealand - includes older list ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nestlé
Nestlé S.A. (; ; ) is a Switzerland, Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other metrics, since 2014."Nestlé's Brabeck: We have a "huge advantage" over big pharma in creating medical foods" , ''CNN Money'', 1 April 2011 It ranked No. 64 on the Fortune Global 500, ''Fortune'' Global 500 in 2017 and No. 33 in the 2016 edition of the ''Forbes'' Global 2000 list of largest public companies. Nestlé's products include baby food (some including human milk oligosaccharides), medical food, bottled water, breakfast cereals, coffee and tea, confectionery, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dairy
A dairy is a business enterprise established for the harvesting or processing (or both) of animal milk – mostly from cows or buffaloes, but also from goats, sheep, horses, or camels – for human consumption. A dairy is typically located on a dedicated dairy farm and milk or in a section of a multi-purpose farm (mixed farm) that is concerned with the harvesting of milk. As an attributive, the word ''dairy'' refers to milk-based products, derivatives and processes, and the animals and workers involved in their production: for example dairy cattle, dairy goat. A dairy farm produces milk and a dairy factory processes it into a variety of dairy products. These establishments constitute the global dairy industry, part of the food industry. Terminology Terminology differs between countries. In the United States, for example, an entire dairy farm is commonly called a "dairy". The building or farm area where milk is harvested from the cow is often called a "milking parlor" or "parl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Commerce Commission
The Commerce Commission ( mi, Te Komihana Tauhokohoko) is a New Zealand government agency with responsibility for enforcing legislation that relates to competition in the country's markets, fair trading and consumer credit contracts, and regulatory responsibility for areas such as electricity and gas, telecommunications, dairy products and airports. It is an independent Crown entity established under the Commerce Act 1986. Although responsible to the Minister of Commerce and Consumer Affairs and the Minister of Broadcasting, Communications and Digital Media, the Commission is run independently from the government, and is intended to be an impartial promotor and enforcer of the law. The Commission undertakes investigations into potential breaches of the Commerce Act 1986 and where appropriate, takes court action. It considers applications for authorisations and clearances in relation to anti-competitive behaviour and mergers, in circumstances where the public benefit outweighs t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
